Gadani’s shipbreaking plot no. 54 was sealed off on November 8 after a fire broke out on-board the ship ACES again, according to the NGO Shipbeaking Platform. No workers got caught...
The India-flagged platform support vessel Malaviya Seven has reached an acceptable bid and the ship will soon be sold, the International Transport Workers’ Federation (ITF) confirmed. The undisclosed bid has...
Market sentiment maybe in a better place over the course of the past few months, both in the dry bulk and in the wet markets, but newbuilding ordering activity is...
“We must free ourselves from the hope that the sea will ever rest. We must learn to sail in high winds.” – Aristotle Onassis It is nearly a decade since...
Subdued ordering and a narrowing in the tonnage supply-demand gap from late 2018 is expected to support a recovery in the chemical shipping market, according to the latest edition of...
Discussions on the long-term sustainability of Greece’s debt are expected to start after the conclusion of a review of reforms by its lenders, Prime Minister Alexis Tsipras said on Wednesday....
Premier Li Keqiang said Tuesday that China would maintain the stability of its macroeconomic policy, and continue reform and opening up in 2018. Li made the remarks at a symposium...
Confidence in revenue growth is at its highest level for three years amongst business leaders in 21 Asia-Pacific Economic Co-operation’s (APEC) economies. 37% of APEC CEOs are very confident of...
British companies are likely to keep on increasing investment at a modest pace over the next year before weaker increases over the following two years, the Bank of England said...
France’s current account and trade deficits widened in September, statistics showed Friday. France’s goods trade deficit, measured by the customs office, rose to 4.67 billion euros ($5.41 billion) in September,...
New technologies like cloud-based solutions, blockchain, the Internet of Things and the Digitization of business are slowly taking shape and are bound to transform the “modus operandi” of the shipping...
Demand: What have we learnt from the most recent peak season? Volumes on all trades grew at healthy levels in line with our full year forecast for global container demand...